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Market Report: Taking Stock

After months of gentle slumbering, shares of Jennings Brothers, a brewer based at Cockermouth in Cumbria, have come to life. This week they climbed 30p to a 370p peak. Four institutions have stakes but the most intriguing shareholder is unquoted Frederic Robinson, a bigger brewer based at Stockport in Cheshire. It has almost 9 per cent. Carlsberg Tetley has 5.3 per cent.

Weather Action, an independent weather forecasting business, is expected to accompany next week's interim figures with details of an intriguing contract with a major group. Floated in October at 79p Weather Action shares rose 8.5p to 80p.

Merchant bank Dawnay Day has taken a 9.27 per cent stake in property tiddler Deyln at 117p. The shares rose 15.5p to 115p.